History
The Auckland Gas Company was formed in 1862 as the first joint stock company in New Zealand. It was also the first private services provider in Auckland. In the 1870s, the company bought and developed a large site in Freemans Bay to build a gasworks (roughly on and east of the site of the current New World supermarket), with further buildings (mainly workshops) and offices on Beaumont Street.
In the late 1960s the Kapuni gas fields were openened, providing natural gas which was cleaner and cheaper than the locally produced coal gas variant, and the company stopped producing gas and became a supplier only. This led to most of the buildings in the Freemans Bay are being demolished.
Read more about this topic: Auckland Gas Company
Famous quotes containing the word history:
“Free from public debt, at peace with all the world, and with no complicated interests to consult in our intercourse with foreign powers, the present may be hailed as the epoch in our history the most favorable for the settlement of those principles in our domestic policy which shall be best calculated to give stability to our Republic and secure the blessings of freedom to our citizens.”
—Andrew Jackson (1767–1845)
“the future is simply nothing at all. Nothing has happened to the present by becoming past except that fresh slices of existence have been added to the total history of the world. The past is thus as real as the present.”
—Charlie Dunbar Broad (1887–1971)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)